ECB & FED have great pressure to raise interest rates

On Monday (May 29) in Asian trading, the latest price of EUR/USD was 1.0720, and the opening price was 1.0718. U.S. two-year bond yields rose to 4.6 percent from a low of 3.7 percent this month; U.K. two-year bond yields also topped 4.5 percent, the highest level since October last year; From 2.5% to nearly 3%.

Investors in particular have been uneasy about high core inflation, which they see as putting pressure on the central bank to raise rates further, even with the risk of a recession. “We’re certainly not out of the danger zone yet,” said Chief Investment Officer of LGIM Sonja Laud, Britain’s largest asset manager.